there is this and the higher payroll tax. maybe first rate growth is a little slow but by the second half, things could be looking much better. >> this week, we moved closer to the unthinkable. the sequester that president obama promised us would never happen. listen just a few months ago. >> first of all, the sequester is not something that i proposed. something that congress has proposed. it will not happen. >> i don't know, that could be the one election promise the president fails to keep. the sequester a part of the decision on march 1st. what happens if the sequester happens? >> well, in fairness, i think that clip was about that the sequester would not happen on january 1st because he was saying they would be able to reach some kind of agreement. they reached an agreement to kick things down the road. >> he didn't say january 1st. he said the sequester will not happen. okay, but go ahead. >> well, you took only a two-second clip out of a speech and press conference, which was all about -- >> it was a debate. >> a run u